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Inventory balances for Marshall, Inc., in June 2018 are as follows: June 1, 2018 June 30,...

Inventory balances for Marshall, Inc., in June 2018 are as follows: June 1, 2018 June 30, 2018 Raw materials $1,125 $ 875 Work in process 2,000 1,550 Finished goods 4,500 3,750 During June, purchases of direct materials were $1,500. Direct labor and factory overhead costs were $2,500 and $3,500, respectively. Conversion costs for June were

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Answer #1

ANSWER= $6,000

Direct labor = $2,500

factory overhead costs = $3,500

Conversion costs for June were = $2,500 + $3,500 = $6,000

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